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Showing posts with the label SIM Swap Prevention

AI-Driven Fraud Detection in Indian Telecom

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AI-Driven Fraud Detection in Indian Telecom: Complete Implementation Guide AI-Driven Fraud Detection in Indian Telecom: Complete Implementation Guide for ISPs Industry Alert: Telecom fraud costs the industry approximately ₹3.2 lakh crore (₹3.2 trillion) annually according to the Communications Fraud Control Association (CFCA). AI-driven solutions have demonstrated potential to reduce these losses by 60-70% when properly implemented in Indian telecom networks. I. Telecom Fraud Landscape: Detailed Analysis A. Prevalence and Financial Impact in Indian Context Global Financial Impact: ₹3.2 lakh crore annual losses (CFCA 2023 report) Impact on Indian Telecom Sector: Estimated ₹25,000-30,000 crore annual losses for Indian operators Average Revenue Loss: 2.1% of total revenue for Indian telecom operators (compared to global average of 1.74%) Fraud Growth Rate: 34% increase in sophisticated fraud attempts year-over-year in India ...